Word: communistes
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Dates: during 1960-1969
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Last week the Pathet Lao and the North Vietnamese were deeply dug in, and Communist trucks shuttled in daily to keep the troops well supplied...
...Hasty Return. The Muong Soui setback, combined with smaller Communist strikes at other government outposts, caused a crisis in Vientiane, 110 miles to the south. Although neither Vientiane nor Luang Prabang was endangered by the Communist thrust, some right-wing Laotian politicians called for direct U.S. intervention. Souvanna Phouma, vacationing in France, at one point considered flying home but later decided against it-perhaps because a hasty return would have made the situation look even worse. When the U.S. State Department charged that North Viet Nam had "aggressive designs" on Laos, Hanoi immediately countercharged that the U.S. was keeping...
There are probably two reasons behind this year's intensified Communist drive against the Laotians. One is related to Hanoi's overall South Viet Nam strategy: easing military activity in the South but applying fresh pressures elsewhere. A second objective may well be to strengthen the bargaining position of their Pathet Lao allies in eventual negotiations with Souvanna Phouma. Both the Pathet Lao and the Vientiane government have all along maintained that they want to return to a tripartite government. Such a reconciliation could come after the war in Viet Nam draws to a close. It is probably...
After five years of haggling, the ten major financial powers of the non-Communist world agreed last week in Paris to introduce an international money: paper gold. Called Special Drawing Rights, or SDRs, the new reserves will reduce nations' dependence on the diminishing supply of real gold in global finance and create new assets to sustain the growth of world trade. The SDRs will exist only in the ledgers of the International Monetary Fund. Its 111 member nations will be able to draw on these reserves to settle accounts among themselves, and central banks will have to accept them...
...impact of Japan's industrial machine, the fastest growing and now the second largest in the non-Communist world, is felt in every corner of the earth. In Europe, businessmen simultaneously worry about competition from Japanese goods and depend on Japanese-built supertankers to move Mideast oil to them despite the 26-month closing of the Suez Canal. In tiny mountain towns of Western Canada, long-unemployed miners are going back to work to dig the coal needed to fill a new $600 million order from Japanese steel mills. Ideologically impartial, Japanese industrialists trade with Peking and Taiwan...